Pandora named Naveen Chopra, who was hired as chief financial officer in February, as its interim CEO.

The company, which has never turned a profit on an annual basis, faces intensifying competition from services such as Sweden’s Spotify, Apple Inc’s Apple Music and Alphabet’s Google Play Music.

In May, Pandora cut its full-year revenue forecast and reported its slowest ever revenue growth and its biggest-ever loss since going public. pdora.co/2rY2CRO (Reporting by Supantha Mukherjee and Anya George Tharakan in Bengaluru; Editing by Anil D'Silva)